Top 5 Long Term Companies To Buy Right Now: Cabot Oil & Gas Corporation(COG)
Cabot Oil & Gas Corporation operates as an independent oil and gas company in the United States. The company engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds reserves in north region comprising Appalachian and Rocky Mountains areas; and south region consisting of Anadarko basin with Texas and Louisiana areas. The company also transports, stores, gathers, and purchases natural gas for resale. As of December 31, 2010, it had proved reserves of approximately 2,761 billion cubic feet of natural gas equivalents. The company was founded in 1989 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Sean Williams]
The final two big gainers didn't have any company specific news that sent them rocketing higher today, but instead, relied on a very big rally in natural gas for their ascent. Following yesterday's data, which showed a 94-billion cubic foot reduction in natural gas inventories, spot natural gas prices jumped higher by better than 4%. That was enough of a propellant to send natural gas-heavy independent E&P companies like Cabot Oil & Gas (NYSE: COG ) and WPX Energy (NYSE: WPX ) higher by 5.1% and 5.2%, respectively.
- [By Robert Rapier]
For long-term investors, these seasonal fluctuations are not important. Over time, they will average themselves out, but the strong growth story here remains. For more details, including a focus on Cabot Oil and Gas (NYSE: COG), please see next weeks Energy Strategist.
- [By Rustic Nomad]
Cabot Oil & Gas (COG) released disappointing quarterly results recently. The underperformance by the oil and gas company has resulted in a drop in the company's shares in the last three months. But this underperformance by the company on the back of different concerns can be a ! bright buying opportunity that is expected to generate strong free cash flow in the future.
- [By Lee Jackson]
Cabot Oil & Gas Corp. (NYSE: COG) is a name that fits the bill at Merrill Lynch. The company’s mid-December operating update reaffirmed several issues the analysts believe position the shares for another strong year in 2014. Strong production and a long-term selling agreement with Pacific Coast Summit Energy were cited as big positives. The Merrill Lynch price target for the stock is $47. The Thomson/First Call estimate is $45. Cabot closed Monday at $38.57.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-long-term-companies-to-buy-right-now-4.html
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